Purple Line P3 Contract Garners BBB-Plus from S&P

Watts, Jim
June 2016
Bond Buyer;6/9/2016, Vol. 1 Issue 34525, p10
Trade Publication
The article reports that construction of Maryland's Purple Line public-private partnership (P3) rail project will be funded with private-activity bonds and a low-interest Transportation Infrastructure Finance and Innovation Act loan. Topics include debt dedicated to the P3 project, the estimated total lifetime cost of the 16-mile rail system, and a concession contract between Purple Line Transit and the Maryland Department of Transportation and the Maryland Transit Administration.


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